Analyzing crypto from the perspective of sound psychology is pointless. It has long been a scam for the average person. It is purely a tool for speculators and sometimes to move assets under sanctions.

What if we assume that the current decline of BTC is not the start of a bear market at all?
And what about the cycle high - is not set. As analysts from #Coinglass assert through their index Bull Market Peak Indicators - Sell At The Top (the index combines 30 (!) indicators, metrics, and indices).

What is actually happening right now? There can be only one answer. This means that in the "Psychological Market Cycle", one of the most recognizable charts in the financial environment (author - Professor Jean-Paul Rodrig from the Department of Global Studies and Geography at Hofstra University) we are in the "Bear Trap" phase.